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missymom3
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Can legal fees paid for advice and counsel concerning the management and conservation of income producing assets be deducted?

 
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Can legal fees paid for advice and counsel concerning the management and conservation of income producing assets be deducted?

Yes legal and investment advice/consulting fees can be deducted as a miscellaneous itemized deduction.

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Can legal fees paid for advice and counsel concerning the management and conservation of income producing assets be deducted?

Yes legal and investment advice/consulting fees can be deducted as a miscellaneous itemized deduction.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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